Category: Uncategorized

Newly listed US stocks catch the fancy of Indians
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Newly listed US stocks catch the fancy of Indians

Mumbai: New listings on Wall Street are appealing to Indian investors. Robinhood, the largest retail brokerage in the US, made its debut on Wall Street late last month and quickly became the talking point of various Reddit groups in India. It had a tepid start but last week the stock made a comeback, rallying 60%. […]

A week of record highs. Is Nifty expensive at 16,000?
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A week of record highs. Is Nifty expensive at 16,000?

After two-months of time correction, Indian markets marched to new lifetime highs along with robust global equities which further bolstered domestic optimism. With the benchmark index surpassing 16,000 this week, the question remains, “What next?” Nifty50’s average PE stands at 22.39x and it reached a historic high of 42x in February 2021 when markets attempted […]

Retail investors’ exposure in NSE cos at all-time high in Q1
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Retail investors’ exposure in NSE cos at all-time high in Q1

Small investors in India pumped more money into stock markets and lifted their holdings in listed companies to a record high in the June quarter, undeterred by a brutal second wave of the pandemic. Retail investors increased their exposure to NSE-listed companies to an all-time high of 7.18% in June from 6.74% a year earlier, […]

Sensex hits 54,000 for first time as markets extend gains
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Sensex hits 54,000 for first time as markets extend gains

Mumbai: The markets continued to surge for the second consecutive session and gained over a percent with both benchmark index scaling fresh highs on Wednesday. The Sensex hit 54,000 for the first time with the 30-share index ending at 54,369.77, up 546.41 points or 1.02%. The Nifty closed at 16,258.80, up 128.05 points or 0.79%. […]

Rakesh Jhunjhunwala to invest in this company, stock hits upper circuit
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Rakesh Jhunjhunwala to invest in this company, stock hits upper circuit

Indian ace investor and stock market trader Rakesh Jhunjhunwala will invest nearly ₹31 crore in the lesser-known smallcap metals and mining company Raghav Productivity Enhancers, as informed by the company in an exchange filing on the BSE on Sunday. Shares of Raghav Productivity Enhancers continued to extend gains on Tuesday as it hit upper circuit […]